cryptocurrency Although the recent BTC drop was demoralizing for investors, there was a great development. In fact, we have seen two important developments in this regard. The first was in the early hours, when SEC Chairman Gensler signaled his resignation in his first statement after Trump’s election. The second is the class action lawsuit filed.
SEC Chairman Will Be Tried
“You too will be judged Gary GenslerWe were hearing statements like this from the crypto community after major crypto lawsuits. This thing, which was a kind of joke, a reaction expression in those days, turns into reality. According to the file shared by Fox Business reporter Eleanor Terrett, 18 US states filed a lawsuit against the SEC and its commissioners.
“18 US states have sued the SEC and its commissioners, accusing them of unconstitutionally overreaching and persecuting the crypto industry under the leadership of agency chairman Gary Gensler.
The application, signed by 18 Republican attorneys general, details how the agency has engaged in “gross government overreach” and violated states’ rights to regulate their economies with its enforcement war against the $3 trillion industry.”
This development will be in the coming minutes BTC It could be supportive for its rise.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
